EFORT(SH:688165)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 38,988.40 million, representing a year-on-year increase of 37.08%[4] - The net profit attributable to shareholders was a loss of CNY 4,057.30 million, with a basic and diluted earnings per share of -CNY 0.08[4] - Total revenue for Q1 2023 reached RMB 389.88 million, a 37.1% increase from RMB 284.41 million in Q1 2022[15] - Net loss attributable to shareholders was RMB 40.57 million, compared to a loss of RMB 33.62 million in Q1 2022, reflecting a 20.4% increase in losses[16] - The company reported a total comprehensive loss of RMB 35.17 million for Q1 2023, compared to a loss of RMB 18.45 million in the same quarter last year[16] - Basic and diluted earnings per share were both RMB -0.08, compared to RMB -0.06 in Q1 2022[16] Research and Development - Research and development expenses totaled CNY 2,303.38 million, accounting for 5.91% of operating revenue, a decrease of 1.56 percentage points compared to the previous year[5] - Research and development expenses increased to RMB 22.82 million, up from RMB 20.64 million in Q1 2022, indicating a focus on innovation[15] Assets and Liabilities - Total assets at the end of the reporting period were CNY 339,224.51 million, an increase of 2.00% from the end of the previous year[5] - As of March 31, 2023, the total assets of the company amounted to RMB 3,392,245,149.31, an increase from RMB 3,325,773,007.73 at the end of 2022, reflecting a growth of approximately 2.0%[12][13] - The total liabilities of the company were RMB 1,666,217,261.94, compared to RMB 1,568,575,024.08 at the end of 2022, marking an increase of approximately 6.2%[13] - The company's equity attributable to shareholders decreased to RMB 1,720,781,379.83 from RMB 1,751,090,383.94, a decline of about 1.7%[13] Cash Flow - The net cash flow from operating activities was a negative CNY 532.81 million, primarily due to significant government subsidies received during the period[7] - Operating cash flow showed a net outflow of RMB 5.33 million, an improvement from a net outflow of RMB 36.83 million in Q1 2022[19] - Investment activities generated a net cash inflow of RMB 167.41 million, contrasting with a net outflow of RMB 18.92 million in the previous year[19] - Cash and cash equivalents at the end of Q1 2023 totaled RMB 500.84 million, up from RMB 481.71 million at the end of Q1 2022[20] - The company's cash and cash equivalents increased to RMB 502,674,931.08 from RMB 338,800,236.67, representing a significant rise of approximately 48.4%[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,221[10] - The top shareholder, Wuhu Yuanhong Industrial Robot Investment Co., Ltd., holds 16.10% of the shares, totaling 84,000,000 shares[10] Inventory and Receivables - Accounts receivable rose to RMB 588,746,187.53, up from RMB 512,893,414.92, indicating an increase of about 14.8%[12] - The inventory level decreased to RMB 291,987,818.08 from RMB 322,121,596.61, reflecting a reduction of approximately 9.3%[12] Business Operations - The company's robot business sales revenue increased by 106% year-on-year, contributing to the overall revenue growth[7] - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[12] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[15]